Exclusive: Eyeing Yahoo deal, Alibaba may take HK unit private
February 10th, 2012
HONG KONG (Reuters) – Chinese e-commerce group Alibaba plans to take private its Hong Kong-listed unit, two sources familiar with the matter said, as part of a complex deal that would strengthen founder Jack Ma’s control and give key stakeholder Yahoo cash and a direct stake in one of Alibaba’s operating businesses.
